Sentences with phrase «savings in public spending»

Not exact matches

The government did pledge $ 47 billion to infrastructure spending over the next 10 years and extended the accelerated capital cost allowance for manufactures — a tax relief program for investments in new machinery and equipment — by two years, which means stock holders could get a boost if public companies are able to take advantage of this spending and savings.
There are some significant competitive advantages that should begin to accrue to the U.S. economy in the years to come - energy, manufacturing competitiveness and demographics - though the savings required to fund investment could be redirected to the public sector if policymakers do not slow the growth of mandatory spending
Despite our tough plans for cuts in public spending, we have stuck to the previous Government's commitments on capital investment, apart from some small savings made in May.
Both said they don't go around saying this in public because they want Whitehall to think radically and because folk like Standard & Poor's still have them on «negative watch» and won't believe the savings until they see them on 20 October when George Osborne announces the spending review.
This is the conclusion of my paper, Free Universities, that the government's claim that «our student finance reforms will deliver savings to help address the large Budget deficit we were left» was disingenuous at best and that in fact the public spending crisis was used as an excuse to private higher education.
Soon afterwards, defence became a divisive issue within the party, especially defence spending (which reached a peak of 14 % of GDP in 1951 during the Korean War), [48] straining public finances and forcing savings elsewhere.
Mr Powell, who was chief - of - staff to Tony Blair, throughout his 10 years in Downing Street, explains that in the final year of the Blair government they tried to conduct a Fundamental Savings Review (FSR), to cut out some of the extra waste which he says had «inevitably built up in the years of increased public spending».
Conceding once again that public spending would have to be reined in, Brown said the government would raise tax «at the very top, cut costs... and make savings where we know we can» to protect frontline services.
He insisted Labour's plans for extra spending on police and other public services, to be funded by an estimated # 2.7 bn in savings from reversing capital gains tax cuts, were «fully costed».
Republican gubernatorial candidate Scott Milne has unveiled an ambitious plan to cut per - pupil public school spending in Vermont by a third, and use the savings to pay for the state's young people to attend a Vermont college.
«It is fanciful to believe this can be achieved merely by savings in administration, or freezing certain departmental spending limits while ring - fencing vast swaths of the public sector.
Stating that allowing parents to use their 529 savings for K - 12 tuition «will erode the tax base that funds public schools» when it will benefit many middle class New Yorkers already taking a 2018 hit with lost state and local deduction opportunities; when the real world state budget impact is demonstrably negligible; and in a state that already spends more per public school pupil than any other — is simply poor public education.
With an ESA, parents receive 90 percent of what would have been spent on their child in the public school into a restricted - use savings account, and can then use those funds to pay for private school tuition, online learning, special education services and therapies, textbooks, tuition, and other education - related services, products, and providers.
And when you consider that D.C. Public Schools spend $ 27,263 per student — by far the highest in the country — and its test scores are by far the worst in the country, the savings become even more dramatic.
Nevada's Education Savings Accounts (21) ESA 61 % of average per - pupil spending in Nevada public schools $ 5,139 (projected)
An analysis from the public spending watchdog, the National Audit Office, says state schools in England will have to find # 3bn in savings by 2019 - 20.
First conceived by Milton Friedman in 1955, school choice options, such as vouchers and education savings accounts, give parents the freedom to choose the best learning environment for their children with the funding that would have been spent on their children in public school.
How states accrued the savings depended on the average voucher amounts compared with the average per - pupil variable spending in public schools, according to Spalding.
«The reason for the savings is that the students receive scholarships to private schools that cost less than the amount the state would spend on the student in a public school,» says a statement from Step Up for Students — the organization that administers the Gardiner and Tax Credit Scholarships.
One such policy is a universal Education Savings Account program that offers a portion of current school spending to families interested in choosing between their local public schools, private, religious, online, and home schools.
The property owner must demonstrate that the savings due to the exemption will be passed through to the public charter school, resulting in a savings of public tax dollars that can be spent on salaries, technology, and other critical classroom needs.
If successful in its current form, it would allow low income families and parents of special needs children to opt out of their public school and claim upward of $ 3,500 in state money for an education savings account to spend on a private education or home schooling.
Savings were primarily in four areas: increased tax revenues associated with maternal employment, lower use of public welfare assistance, reduced spending for health and other services, and decreased criminal justice system involvement.
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